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Technology Stocks : Midway Games - MWY -- Ignore unavailable to you. Want to Upgrade?

To: LEO RISHTY who wrote (95)	10/22/1998 11:14:00 PM
From: wolfdog2	Read Replies (1) \| Respond to of 278

Leo, I'm interested. But I'm curious how you got the information so quickly. Are you his broker? I think you hit the nail on the head when you pointed out that even with a poor second quarter, the stock is currently selling at a forward p/e of less than 10. This stock is cheap because the company is currently having problems. When they all get solved, it won't be cheap any longer.

To: LEO RISHTY who wrote (95)	10/22/1998 11:30:00 PM
From: Psycho Killer	Respond to of 278

Where do you get info about very recent Redstone purchases? As I understand things, there's a lag (1 month?) on SEC filings re purchases/sales by large holders. Not to doubt you, but you've seen some of the hype that pervades the Internet. Asking for sources is a precaution. In any case, as long as insiders keep buying -- or at least hold their positions -- I'll probably keep current shares and adding on dips. The one scary thing about giving heavy weight to insiders' actions is that the SEC reporting lags the action, meaning the only real-time info on insider actions that Joe Shareholder has is inference from price and volume.